Northbaze Group AB (OSTO:NBZ) Cyclically Adjusted PS Ratio: 0.07 (As of Aug. 11, 2026) — 53% Below Median

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OSTO:NBZ Northbaze Group AB OSTO:NBZ
50 GF Score
Price kr0.12
GF Value kr0.63
! 3 Warning Signs
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What is Northbaze Group AB Cyclically Adjusted PS Ratio?

Northbaze Group AB OSTO:NBZ 50 Cyclically Adjusted PS Ratio is 0.07 as of Aug. 11, 2026, which is 53% below its 10-year median of 0.15. GuruFocus rates OSTO:NBZ with a GF Score™ of 50/100 and a GF Value™ of kr0.63. The stock has 3 warning signs investors should review.

As of today (2026-08-11), Northbaze Group AB's current share price is kr0.12. Northbaze Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 was kr1.67. Northbaze Group AB's Cyclically Adjusted PS Ratio for today is 0.07.

The historical rank and industry rank for Northbaze Group AB's Cyclically Adjusted PS Ratio or its related term are showing as below:

OSTO:NBZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.15   Max: 0.51
Current: 0.07

During the past years, Northbaze Group AB's highest Cyclically Adjusted PS Ratio was 0.51. The lowest was 0.05. And the median was 0.15.

OSTO:NBZ's Cyclically Adjusted PS Ratio is not ranked
in the Hardware industry.
Industry Median: 1.39 vs OSTO:NBZ: 0.07

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Northbaze Group AB's adjusted revenue per share data for the three months ended in Sep. 2025 was kr0.301. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is kr1.67 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Northbaze Group AB  (OSTO:NBZ) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Northbaze Group AB Cyclically Adjusted PS Ratio Related Terms


Northbaze Group AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Northbaze Group AB's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Northbaze Group AB Cyclically Adjusted PS Ratio Chart

Northbaze Group AB Annual Data
Trend Apr15 Apr16 Apr17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.40 0.27 0.16 0.09

Northbaze Group AB Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.09 0.12 0.09 0.05

OSTO:NBZ vs AAPL: Cyclically Adjusted PS Ratio Comparison

For the Consumer Electronics subindustry, Northbaze Group AB's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northbaze Group AB Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Northbaze Group AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Northbaze Group AB's Cyclically Adjusted PS Ratio falls into.


OSTO:NBZ
50GF Score
Northbaze Group AB OSTO:NBZ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Northbaze Group AB Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Northbaze Group AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.12/1.67
=0.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Northbaze Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Northbaze Group AB's adjusted Revenue per Share data for the three months ended in Sep. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=0.301/133.4800*133.4800
=0.301

Current CPI (Sep. 2025) = 133.4800.

Northbaze Group AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201510 0.484 100.301 0.644
201601 0.316 99.931 0.422
201604 0.407 100.732 0.539
201607 0.304 101.080 0.401
201610 0.331 101.485 0.435
201701 0.537 101.326 0.707
201704 0.410 102.615 0.533
201707 0.209 103.301 0.270
201710 0.269 103.202 0.348
201803 0.488 103.962 0.627
201806 0.359 104.875 0.457
201809 0.695 105.679 0.878
201812 0.701 105.912 0.883
201903 0.550 105.886 0.693
201906 0.628 106.742 0.785
201909 0.415 107.214 0.517
201912 0.341 107.766 0.422
202003 0.320 106.563 0.401
202006 0.277 107.498 0.344
202009 0.287 107.635 0.356
202012 0.489 108.296 0.603
202103 0.387 108.360 0.477
202106 0.233 108.928 0.286
202109 0.248 110.338 0.300
202112 0.424 112.486 0.503
202203 0.221 114.825 0.257
202206 0.271 118.384 0.306
202209 0.262 122.296 0.286
202212 0.296 126.365 0.313
202303 0.199 127.042 0.209
202306 0.142 129.407 0.146
202309 0.178 130.224 0.182
202312 0.220 131.912 0.223
202403 0.283 132.205 0.286
202406 0.224 132.716 0.225
202409 0.195 132.304 0.197
202412 0.372 132.987 0.373
202503 0.217 132.825 0.218
202506 0.326 133.699 0.325
202509 0.301 133.480 0.301

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 0.07 mean?
Northbaze Group AB (OSTO:NBZ) has a Cyclically Adjusted PS Ratio of 0.07 as of Aug. 11, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Northbaze Group AB and its competitors. This is 53% below median its historical median of 0.15. Over the past decade, Northbaze Group AB's Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.51.
Is Northbaze Group AB's Cyclically Adjusted PS Ratio too high?
Northbaze Group AB's current Cyclically Adjusted PS Ratio of 0.07 is 53% below median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.51. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. Northbaze Group AB's value of 0.07 is 95% below this industry median. Overall, Northbaze Group AB has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Northbaze Group AB's Cyclically Adjusted PS Ratio compare to AAPL?
Northbaze Group AB's Cyclically Adjusted PS Ratio of 0.07 can be compared against companies in the Hardware industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Northbaze Group AB's value of 0.07 is 95% below this benchmark. Historically, Northbaze Group AB's own Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.51 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 1.39, Northbaze Group AB has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.39, based on 1,979 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northbaze Group AB's current Cyclically Adjusted PS Ratio of 0.07 is 95% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Northbaze Group AB and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northbaze Group AB's current Cyclically Adjusted PS Ratio is 0.07, which is 53% below median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northbaze Group AB stock overvalued right now?
Northbaze Group AB (OSTO:NBZ) has a current Cyclically Adjusted PS Ratio of 0.07. The stock's GF Value™ is kr0.63, compared to a current price of kr0.12 — trading 81% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.07, which is 53% below median its 10-year median of 0.15 and 95% below the Hardware industry median of 1.39. Northbaze Group AB's overall GF Score™ is 50/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Northbaze Group AB (OSTO:NBZ), the current Cyclically Adjusted PS Ratio is 0.07 as of Aug. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Northbaze Group AB (OSTO:NBZ) Overvalued in 2026?

Based on GuruFocus' analysis, Northbaze Group AB stock appears to be undervalued. The current stock price of kr0.12 is trading 81% below its estimated GF Value™ of kr0.63.

Key valuation signals for OSTO:NBZ:

  • Cyclically Adjusted PS Ratio: 0.07 (53% below median its 10-year median of 0.15)
  • GF Value™: kr0.63 vs. price of kr0.12 (81% below fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 95% below the Hardware median

No single metric tells the full story. See the OSTO:NBZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northbaze Group AB Business Description

Address Kumla-Frasses gata 2A, Kumla, Orebro, SWE, 692 23
Northbaze Group AB is engaged in sales, development, marketing and support of audio products, as well as owns and manages shares in subsidiaries, manage trademarks, design protection and patents. The company develops, designs and produces headphones, speakers and tech accessories under different brands. The brand portfolio currently consists of the brands Jays Headphones, KAVAJ and Krusell.
50GF Score

Get the complete analysis for OSTO:NBZ

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.12
Price
kr0.63
GF Value